PropertyInvesting.com | PT18 | Activity https://www.propertyinvesting.com/members/pratik-tripathi/activity/ Activity feed for PT18. Mon, 20 Apr 2026 04:04:52 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bb8e59e53d893cfe03c19fa9a7df68cc PT18 replied to the topic Depreciation Changes announced in May in the forum Help Needed! https://www.propertyinvesting.com/topic/5038767-depreciation-changes-announced-in-may/#post-5038791 Wed, 16 Aug 2017 08:01:20 +0000 Thanks very much Benny for your prompt response. I shall do what you’ve mentioned.

]]> 501b9c71ab2423043e570a3a0cfe8509 PT18 started the topic Depreciation Changes announced in May in the forum Help Needed! https://www.propertyinvesting.com/topic/5038767-depreciation-changes-announced-in-may/ Tue, 15 Aug 2017 23:04:16 +0000 Hi all,

I am currently looking at purchasing first investment property, an established one. Since July, it appears that depreciation cannot be claimed on plant and equipment installed by previous owner. I was wondering if there was any way around it where I can still claim the depreciation. Also, whether it is worth doing for the income/offset it…[Read more]

]]> d3c2ed3cc030ecd92d54dd73fe375125 PT18 replied to the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/#post-5034391 Wed, 29 Mar 2017 03:01:29 +0000 Thanks all for your inputs. Much appreciated.

]]> f55553d741df53652d511bd80c87f75f PT18 replied to the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/#post-5034249 Tue, 21 Mar 2017 05:30:09 +0000 Hi Ethan,

Not sure if I have made myself clear here, but my current home loan is owner-occupied which I had paid LMI on and I will be refinancing to another lender for better interest rates. Now, although current loan balance is $355k, I can get up to $430k when re-financing without incurring any LMI. This can give me extra $65k in cash.

Now, my…[Read more]

]]> 3e396c29b31b514a70d638bf2232b0d8 PT18 replied to the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/#post-5034241 Mon, 20 Mar 2017 23:13:45 +0000 Hi there,

Current property value is $540k – $550k, yes, I paid LMI on this property previously.

Looking for IP < $350k.

]]> b4a871cbd27ebe47609b62b77d9c5328 PT18 replied to the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/#post-5034241 Mon, 20 Mar 2017 23:13:45 +0000 Hi there,

Current property value is $540k – $550k.

Looking for IP < $350k.

]]> 284ed75712143abed84f688f8c43421d PT18 started the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/ Mon, 20 Mar 2017 13:25:12 +0000 Hi folks,

Looking for some help here.

So here’s my situation:
Current owner occupied home loan balance: $370k
Available to redraw: $35k (so if I was to redraw all, it would make the loan balance $405k)
Current balance in offset account: $20k

Looking for re-financing and also looking to invest in near future.

Can you please suggest your…[Read more]

]]> e74f8b3385af154505829786f6875078 PT18 started the topic Use cash or pay LMI to buy investment property? in the forum Finance https://www.propertyinvesting.com/topic/5034221-use-cash-or-pay-lmi-to-buy-investment-property/ Mon, 20 Mar 2017 13:25:12 +0000 Hi folks,

Looking for some help here.

So here’s my situation:
Current owner occupied home loan balance: $370k
Available to redraw: $35k (so if I was to redraw all, it would make the loan balance $405k)
Current balance in offset account: $20k

Looking for re-financing and also looking to invest in near future.

Should I be re-financing my current…[Read more]

]]> e74eeb8ffe5a1bbddaf7cbc98f1b51ef PT18 became a registered member https://www.propertyinvesting.com/activity/p/357617/ Mon, 20 Mar 2017 13:01:01 +0000